达意隆(002209) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥172,782,425.95, a decrease of 32.15% compared to ¥254,635,941.18 in the same period last year[6] - The net profit attributable to shareholders was -¥8,030,587.15, representing a decline of 588.63% from ¥1,643,478.66 in the previous year[6] - The net cash flow from operating activities was -¥41,283,326.28, a significant drop of 1,462.48% compared to -¥2,642,167.13 in the same period last year[6] - The basic earnings per share were -¥0.0411, down 589.29% from ¥0.0084 in the previous year[6] - The company achieved operating revenue of CNY 172,782,425.95, a decrease of 32.15% compared to the same period last year, primarily due to a reduction in order volume in Q4 2018[14] - Operating costs amounted to CNY 126,372,162.90, down 34.29% year-on-year, mainly due to the decrease in operating revenue[14] - The net profit attributable to shareholders was CNY -8,030,587.15, a decrease of 588.63% year-on-year, driven by reduced operating revenue[15] - The company expects a net profit in the range of CNY -20,000,000 to CNY 0 for the first half of 2019, indicating a decrease in operating revenue compared to the same period last year[24] - The company reported a total comprehensive income of -¥7,952,072.55, down from ¥1,935,414.55 in the previous period[43] - Operating profit turned negative at -¥10,095,352.82, compared to a profit of ¥2,299,300.79 in the previous period[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,444,218,890.86, a decrease of 0.93% from ¥1,457,710,446.77 at the end of the previous year[6] - Total assets decreased from CNY 1,457,710,446.77 to CNY 1,444,218,890.86, a decline of approximately 0.18%[32] - Current liabilities decreased slightly from CNY 776,327,588.88 to CNY 772,339,803.08, a reduction of about 0.51%[33] - Total liabilities decreased from CNY 814,213,470.56 to CNY 808,673,987.20, a reduction of approximately 0.66%[33] - Owner's equity decreased from CNY 643,496,976.21 to CNY 635,544,903.66, a decline of about 1.48%[34] - The total liabilities and owner's equity remained stable at CNY 1,444,218,890.86, reflecting a slight decrease from the previous period[34] Cash Flow - The net cash flow from operating activities was negative CNY 41,283,326.28, compared to negative CNY 2,642,167.13 in the previous period[50] - Cash outflow from operating activities totaled CNY 225,160,857.41, a decrease of 22.2% from CNY 288,983,835.66 in the previous period[50] - Cash inflow from financing activities was CNY 71,022,232.97, down 32.8% from CNY 105,741,520.38 in the previous period[51] - The company reported a net decrease in cash and cash equivalents of CNY 23,947,649.64 for the current period[51] Expenses - R&D expenses increased by 98.72% to CNY 5,575,996.25, attributed to higher direct material inputs and other costs[14] - Financial expenses decreased by 37.34% to CNY 7,211,837.66, mainly due to reduced foreign exchange losses[14] - Asset impairment losses surged by 415.78% to CNY 7,481,176.72, primarily due to increased provisions for bad debts[15] - The company experienced an asset impairment loss of ¥7,481,176.72, significantly higher than ¥1,450,460.75 in the previous period, indicating increased financial strain[40] Other Information - The company received government subsidies amounting to ¥3,672,301.62 during the reporting period[7] - The company is in the process of liquidating and deregistering its wholly-owned subsidiary Shenzhen Dayilong, with the asset transfer to Guangdong Coca-Cola Company ongoing[21] - The company has established a joint venture in India with Sure Capital Limited, having obtained the necessary registration certificate from local authorities[20] - The company has not undergone an audit for the first quarter report, indicating preliminary figures[61] - The report was issued on April 29, 2019, by the company’s representative Zhang Songming[62]